Brightstar Technology Group Announces New Share Issue Under Specific Mandate

Reuters
05-13
Brightstar Technology Group Announces New Share Issue Under Specific Mandate

Brightstar Technology Group Co. Ltd. has announced a connected transaction involving the issuance of new shares under a specific mandate. The company plans to allot and issue 210,385,576 subscription shares at a price of HK$0.137 per share. The subscription will be made by Mr. Yeung Ho Ting Dennis, an executive director of the company, under the terms of the Subscription Agreement. The specific mandate for this share issuance will be sought from independent shareholders at an extraordinary general meeting (EGM). This move is part of the company's strategy to enhance its capital structure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Brightstar Technology Group Co. Ltd. published the original content used to generate this news brief on May 13, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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